Argentina

Monday, May 7th 2012 - 17:28 UTC
EU ready to cut trade benefits to Argentina because of YPF; warns the region on growing protectionism

European Trade Commissioner Karel de Gucht expressed concern Monday over what he called a “growing tendency towards protectionism across Latin America” and warned Europe is preparing retaliation measures against Argentina after YPF expropriation
Monday, May 7th 2012 - 07:21 UTC
Malvinas spot could ruin Argentine Olympic team spirit, warns athletes’ delegate

The controversial Malvinas/Olympics advert promoted by the Argentine government ahead of the London Games not only has had negative reactions worldwide but has also triggered deep concern among members of the Argentine Olympic team.
Monday, May 7th 2012 - 07:02 UTC
Malvinas/Olympics advert athlete now admits he was aware the filming was for the Argentine government

Argentine athlete Fernando Zylberberg involved in the controversial Malvinas/Olympics advert which is being aired by the Argentine government, contrary to his original statements, has admitted he knew the spot filmed in the Falkland Islands would be used by the government.
Monday, May 7th 2012 - 04:11 UTC
Timerman tells Hammond world is safer with creativity than “bombing civilians”

Argentine Foreign Minister Héctor Timerman replied to recent demands of an apology made by UK Defence Minister Phillip Hammond over a controversial Olympic advert shot in the Falkland Islands, and urged London to “honour the deaths of those who died in the 1982 conflict by constructing peace.”
Monday, May 7th 2012 - 04:02 UTC
Y&R says the controversial (Malvinas/Olympics) advert “belongs to the client”

The creative managing director of Young & Rubicam Buenos Aires said that is spite of the request from the central office in New York it can’t force the Argentine government to withdraw the controversial advert linking the Falklands/Malvinas claim with the coming Olympic Games in London.
Monday, May 7th 2012 - 03:31 UTC
Controversial Malvinas/Olympics advert was aired Sunday during soccer matches

Argentine state-run television aired the controversial advert on Sunday linking the London Olympics to a dispute with Britain over the Falkland Islands, opening itself to further criticism from the International Olympic Committee.
Sunday, May 6th 2012 - 05:56 UTC
Malvinas-Olympic advert “not provocative” argues Argentine ambassador

Ambassador to London, Alicia Castro, assured that the Malvinas-Olympic Games advert bought by the Argentine Government ‘is not a provocation’ and did not mean to offend the memory of First World War British combatants.
Saturday, May 5th 2012 - 06:41 UTC
Cristina Fernandez enacts YPF nationalization and oil and gas self-sufficiency law

Argentine President Cristina Fernández enacted the YPF nationalization law, which was approved by the Lower House on Thursday. During a nation-wide televised speech from Government House, the Head of State also introduced the company’s new CEO, oil engineer Miguel Galuccio.
Saturday, May 5th 2012 - 06:35 UTC
Spain says Argentina should follow Bolivia example and pay a ‘fair price’ for YPF

Toning down its initial strong reactions to the nationalization of Spanish controlled YPF Spain’s Foreign minister Jose Manuel Garcia Margallo said that Argentina should pay a “fair price” for the oil company citing a similar case in Bolivia this week.
Saturday, May 5th 2012 - 06:31 UTC
A successful oil and gas engineer with global experience, YPF next CEO

A drilling engineer with a long experience in the oil and gas industry Miguel Galuccio, 44, will be taking over as of next Monday as manager of the nationalized YPF corporation, announced on Friday Argentine President Cristina Fernandez.